Housing Demand, Real Mortgage Rates and the Tilt Problem

Spring/Summer 1988, Vol 13, No 1 Abstract: The tilt burden occurs when mortgage rates rise and the initial ratio of debt service payments to homeowner income rises, excluding many buyers from the market. This article deals with the impact of the tilt burden on the demand for housing in the United States as well as… Read more

  • Default User Image

An Economic Rationale/Empirical Tests of Foreign Investment in United States Real Estate

Spring/Summer 1988, Vol 13, No 1 Abstract: This article empirically investigates the role of traditional, basic economic variables in determining recent trends of foreign investment in U.S. real estate. Compared are the variable relating to total foreign direct investment and how they relate to foreign direct investment in real estate only.

  • Default User Image

Additional and Reduced Demand/Amenity and Disamenity Increment Recapture: Considerations of Urban Containment Policy

Spring/Summer 1988, Vol 13, No 1 Abstract: Urban containment policies which prevent development beyond urban growth boundaries and preserved rural land for greenbelt uses may alter the regional land market in two ways: the policies create an additional demand for urban land and reduce the demand for rural land; the policies provide an amenity increment for… Read more

  • Default User Image

Restrictive Clauses in Shopping Center Leases: A Review

Spring/Summer 1988, Vol 13, No 1 Abstract: Shopping center developers have sought to regulate the types of business and the environment under which commerce may be conducted by the use of restrictive clauses in their leases. However, several types of such clauses have been declared in violation of antitrust statutes by administrative or judicial actions during… Read more

  • Default User Image

Mortgage Securities: Cash Flows and Prepayment Risk

Spring/Summer 1988, Vol 13, No 1 Abstract: The development of an organized secondary market for conventional mortgage loans raises many questions for mortgage investors. However, models for determining cash flows, methods of estimating the effect of prepayments and duration calculations that measure the price sensitivity of securities are helping to provide the answers.

  • Default User Image

Statistical Inference: An Avigation Easement Analysis

Spring/Summer 1988, Vol 13, No 1 Abstract: How the statistical technique known as the null hypothesis can be applied to the question of whether or not aircraft overflights and/or the existence of an avigation easement has an effect on property values. the technique also could be used to determine whether or not there is a value-affect from proximity to parks, freeways, schools, open air theaters, etc. Application of the technique could lead... Read More

  • Default User Image